Alibaba, Nio Fall: Hang Seng Opens Lower Ahead Of Hong Kong Leader John Lee’s Policy Speech
Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng opening 0.42% lower ahead of a key speech by the city’s leader John Lee.
Why Shares Of Warren Buffett-Backed Tesla, Nio EV Rival Shot Over 6% Today
Shares of Warren Buffett-backed BYD Co. (OTC: BYDDY) (OTC: BYDDF) surged over 5% in China after the company reportedly said its third-quarter net profit has likely more than quadrupled led by robust sales a
Alibaba Up 3%, Nio Rises 1%: Hong Kong Shares Open Higher, China Delays GDP Data Release
Hong Kong stocks opened in the green on Tuesday following a bounce on Wall Street where major indices recorded significant gains as the focus shifted toward the earnings season. The benchmark Hang Seng opened over 1% higher.
To Compete With Tesla, Volkswagen Injects $2.3B In Chinese Autonomous Driving Venture
Volkswagen AG's (OTC: VWAGY) software unit Cariad will take a 60% stake in a new venture with Chinese technology firm Horizon Robotics for over $2 billion.
Why Alibaba, Nio And Other Stocks Are Shooting Up (For Now) In Hong Kong Today
Hong Kong stocks opened in the green, taking cues from a relief rally on Wall Street after the Bank of England said it will start buying government bonds at an urgent pace to help restore orderly market conditions. The central bank has pledged to buy 65 billion pounds worth of government bonds.
Tesla Battery Supplier CATL’s Rival Eyes $1.7B Hong Kong IPO: Here Are The Details
Chinese battery-maker CALB Co., which is a rival to companies like Contemporary Amperex Technology Co Ltd. (CATL) and Warren Buffett-backed BYD Co. (OTC: BYDDF) (OTC: BYDDY), is looking to
Barclays Initiates Coverage On BYD with Overweight Rating, Announces Price Target of $40
Barclays analyst Jiong Shao initiates coverage on BYD (OTC:BYDDY) with a Overweight rating and announces Price Target of $40.
